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7 Drake Lane, Derry, NH, 03038 | $799,900
Seller has requested all OFERS DUE by 9pm 5/4/26. Just in time for your summer fun!! This well-maintained East Derry neighborhood home is situated on a beautiful private 1. 25 acre lot on a dead-end street. You'll feel the charm as you turn into the driveway complete with granite light posts. Invite your guests through the newly installed front door into your impressive 2-story foyer. You'll love this layout! First floor includes a dining room, living room, front-to-back family room w/gas insert, fabulous 16x12 4-season sunroom overlooking your backyard oasis equipped with a beautiful inground pool, swing set and lots of professionally landscaped yard that gets better year after year. You'll love the custom built-in cabinet in the eat-in kitchen with quartz counters and SS appliances. 1st floor laundry room doubles as a 2nd pantry here as well along with a half-bath. Head up the gleaming hardwood staircase and you'll find the primary ensuite w/walk-in closet, updated bathroom w/tiled shower overlooking your backyard. Two other bedrooms finish off the space along with the guest bathroom. Lower level is finished for more fun and space should the party continue! The entire heating system has been upgraded and replaced with a propane wall mount boiler for max efficiency.
Features
- Rooms: 9
- Bedrooms: 3
- Baths: 1 full / 1 three-quarter / 1 half
- Style: Colonial
- Year Built: 1994
- Garage: 2-car Garage
- Heating: Propane,Gas Fireplace
- Cooling: None
- Basement: Finished,Insulated,Interior Stairs,Interior Access
- Approx Sq. Feet: 2,932
- Acreage: 1.25
- Est. Taxes: $12,775
- Lot Desc: Country Setting,Landscaped,Leased,Level,Neighborhood,Rural,Private
- High School: Pinkerton Academy
- School District: Pinkerton Academy
- MLS#: 5086215
- Website: https://www.raveis.com
/prop/5086215/7drakelane_derry_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/21/2026Listing courtesy of BHHS Verani Londonderry Phone: 603-434-2377
Listing Agent: Jill McAlpine
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7 Drake Lane, Derry, NH, 03038
$799,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,920 | $639,920 | $639,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $1,065 | $1,065 | $1,065 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,940 | $4,097 | $5,357 |
| Total Monthly Payment | $5,097 | $5,254 | $6,514 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB